Hints and tips:
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Oxy reckons its expertise in enhanced oil recovery — in which carbon dioxide is injected into the earth to release more oil — will give it a leg-up as the world scrambles to find ways to store carbon back...
...David Bell, professor of economics at the University of Stirling: Worse....
...Von der Leyen’s advocacy of Ukrainian membership has set off alarm bells in many EU capitals....
...that are expected to benefit from an economic recovery....
...Guedes said the country had entered a “V-shaped” recovery and would grow as much as 2.1 per cent next year, aided by investment commitments from the private sector of more than $100bn....
...The battery capacity is enough to take it off the grid completely for a week or two, reports Fast Company....
...News clipThe opening bell is going to ring in 5 seconds. And to be honest with you, we wish it wouldn’t....
...The decision came on the eve of a vote in the House of Representatives as early as Friday to approve the US president’s package, which will deliver a big fiscal jolt to the US economic recovery....
...David Bell: Its armoury to control supply-side inflation is limited....
...Without wanting to overstate it, I think theatre has a part to play in the mental health recovery of our country, not just the economic recovery.”...
...The Nasdaq Composite climbed 1.3 per cent at the opening bell, with tech heavyweights Twitter and Apple up 4 per cent and 2 per cent respectively....
...Andrew Bailey, the new Bank of England governor, was accused of producing overly rosy predictions on Thursday after the central bank said it expected a V-shaped economic recovery from the coronavirus crisis...
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...Global economy The idea of a “V-shaped” EU recovery was an illusion, said Paolo Gentiloni, the bloc’s economics commissioner, warning that the current suspension of its budget rules might need to be extended...
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said the high-frequency data “remain consistent with a recovery that will fall a long way short of looking V-shaped”....
...Speaking at the FT’s Global Boardroom event, he said: “I am not convinced that we are going to have a V-shaped recovery. I think it will be more like a U.”...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...“We think Europe can outperform in the near term, with the catalyst provided by agreement on the EU recovery fund and better economic growth,” said Sharon Bell, European strategist for Goldman Sachs....
...Though Britain’s response to coronavirus has been riddled with flaws, one institution has emerged with its reputation enhanced: the NHS....
...AJ Bell, which is like Hargreaves Lansdown but much smaller and with wildly overwrought adverts, is leading the FTSE 250 fallers at pixel....
...“The hardest thing to do was marry the protected facades with the interior floors and halls.”v The residences open in mid-September, the culmination of years of work at Lamela’s company....
...It will certainly require evidence of a V-shaped economic recovery to ignite demand for cyclical and value stocks....
...For the UK’s FTSE 100, 13 blue-chip companies are withholding £2.7bn of payments for either 2019 or 2020, according to Russ Mould at AJ Bell....
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